$400,000 worth of lobster stolen en route to Costco stores, shipper says

$400,000 worth of lobster stolen en route to Costco stores, shipper says

NBC Newsbusiness

Key Points:

  • A $400,000 shipment of lobster destined for Costco stores in Illinois and Minnesota was stolen, according to Dylan Rexing, president of Rexing Companies.
  • The theft involved a driver impersonating a legitimate carrier using spoofed emails and burner phones to hijack the high-value freight in transit.
  • Rexing emphasized that such thefts are becoming more common and pose significant financial challenges for mid-sized brokerages, ultimately increasing costs for consumers.
  • He called for federal agencies to adopt modern enforcement tools to combat organized criminal networks responsible for these thefts.
  • Costco has not yet responded to requests for comment regarding the incident.